1. Vietnam Stocks

  2. •

    Finance

  3. •

    Real estate development
577 Investment Corporation

577 Investment Corporation

HHOSE:NBB
17,200.00
VND
0.00
(0.00%)
103.03EPS
163.05P/E
1.77TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5,955.75
3,649.56
1,080.64
460.86
11,304.24
9,135.95
2,706.87
34,950.85
5,643.3
4,656.18
2,925.68
646.23
356.87
-70.21
Basic EPS, GAAP
741.95
578.75
412.91
514.04
778.17
1,226.06
2,480
3,268.19
3,139.1
59.94
19.05
7.64
93.15
108.25
Free Cash Flow per Basic Share
-1,673.92
-3,222.54
-2,588.16
313.26
1,560.41
1,914.94
1,070.38
2,984.96
-1,128.66
-11,461.67
-4,995.48
-7,116.41
-7,614.1
-10,716.78
Dividend per Share
683.1
535.22
17.02
1.9
1,258.19
6.97
- -
2,358.25
1,249.99
- -
- -
- -
- -
- -
Book Value per Share
19,238.77
14,285.34
13,915.38
13,860.5
14,180.23
15,357.75
17,355.8
17,556.61
18,204.62
18,103.82
18,120.47
18,096.5
18,131.01
18,131.47
Tangible Book Value per Share
18,532.46
13,827.64
13,865.56
13,633
14,071.89
15,325.54
17,322.18
17,207.49
17,890.24
17,776.09
17,427.8
17,443.77
17,817.73
17,818.19
Basic Weighted Avg Shares
34
63
89
89
94
125
122
100
100
100
100
100
100
104
Sales/Revenue/Turnover
202,740
231,416
96,670
41,226
1,058,507
1,139,374
330,585
3,500,670
565,232
466,362
293,036
64,726
35,744
-7,314
Operating Margin (%)
27.29
21.25
0.32
-59.24
5.38
18.75
9.55
17.35
28.85
38.87
19.17
12.14
-21.19
152.93
Depreciation Expense
12,468
12,533
10,049
18,053
13,379
9,674
7,299
8,637
8,872
10,110
10,152
12,281
9,572
7,038
Net Income, GAAP
25,257
36,698
36,938
45,984
72,866
152,906
302,878
327,341
314,412
6,004
1,908
765
9,330
11,277
Effective Tax Rate (%)
44.31
27.67
20.65
13.24
2.86
20.93
22.08
28.48
25.61
69.66
96.98
97.06
64.31
64.62
Profit Margin (%)
12.46
15.86
38.21
111.54
6.88
13.42
91.62
9.35
55.63
1.29
0.65
1.18
26.1
-154.18
Working Capital
1,611,085
439,772
2,284,294
2,087,631
2,183,455
2,254,907
2,008,084
28,375
-407,973
921,608
436,090
817,516
3,245,317
3,469,448
LT Debt
689,343
785,080
1,019,773
617,449
172,070
138,098
161,832
216,840
350,000
2,158,201
2,539,396
2,713,930
3,176,140
3,387,401
Total Equity
1,319,232
1,283,630
1,246,097
1,386,949
1,923,776
2,070,645
2,081,187
1,766,653
1,830,202
1,819,809
1,820,654
1,817,922
1,820,864
1,820,711
Return on Invested Capital (%)
1.24
1.41
0.27
1.67
2.53
5.26
5.2
12.35
11.71
0.53
0.05
0.03
0.62
0.52
Return on Capital (%)
1.59
2.23
1.97
2.19
3.6
6.95
12.61
14.21
14.69
1.5
0.22
0.15
1.54
1.19
Return on Common Equity (%)
2
2.84
2.93
3.7
4.84
8.3
15.19
17.09
17.56
0.33
0.11
0.04
0.51
0.62

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,285,650
1,411,054
1,548,301
LT Borrowings
3,176,140
3,258,561
3,387,401
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
1,953,116
1,842,940
1,767,820

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,265,539
5,480,853
5,806,471
Cash, Cash Equivalents & STI
4,104
68,110
199,637
Accounts Receivable, Net
287,627
282,748
279,952
Inventories
4,093,662
4,341,923
4,639,175
Total Current Liabilities
2,020,222
2,157,400
2,337,023
Payables & Accruals
- -
- -
- -
ST Debt
1,285,650
1,411,054
1,548,301
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.61%
0.62%
0.16%
Free Cash Flow
122.69%
154.15%
6.99%
Net Income, GAAP
118.85%
177.91%
1,119.71%
Sales/Revenue/Turnover
304.46%
-52.24%
-44.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,700
14,763
11,472
11,472
64,726
2025
13,629
9,421
6,745
5,915
35,744
2026
3,825
-23,798
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
2
5
5
7.64
2025
1
1
14
90
93.15
2026
2
2
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ca Hai Luu
Full Time Employees
74
Sector
Finance
Industry
Real estate development
Address
Ho Chi Minh City Vietnam
IPO Date
Feb 18, 2009
Website
nbb.com.vn
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Business
577 Investment Corporation is a Vietnam-based real estate development and infrastructure company primarily engaged in the investment, construction, and operation of urban residential, commercial, and civil engineering projects. The company operates across multiple business segments, comprising Real Estate Development, Construction and Infrastructure Contracting, Building Materials Manufacturing, and Property Management and Leasing Services. Its core products and services include the development and marketing of high-rise condominium complexes, townhouses, villas, and master-planned urban townships, featuring projects such as the City Gate Towers series (City Gate Towers, Diamond Riverside, NBB Garden II, and NBB Garden III), Carina Plaza in Ho Chi Minh City, the Son Tinh Residential Urban Area in Quang Ngai Province, and the De Gi Urban and Tourism Area in Binh Dinh Province; general engineering, procurement, and construction (EPC) services for transportation infrastructure, municipal road networks, bridges, and land leveling; production and distribution of construction materials, including quarry stone, ready-mix concrete, precast concrete elements, and asphalt concrete; commercial property leasing and facility operations, encompassing retail shopping spaces, commercial offices, and residential management services; and utility management, including clean water supply and wastewater processing within its developed townships. The company focuses its operational footprint within Vietnam, targeting metropolitan and emerging secondary markets with significant concentrations in Ho Chi Minh City, Quang Ngai, and Binh Dinh. Founded in 2005 following the equitization of a branch of Civil Engineering Construction Corporation No. 5 (CIENCO 5), 577 Investment Corporation is headquartered in Ho Chi Minh City, Vietnam, and operates as a core consolidated subsidiary of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII). In recent corporate developments, the company has deepened its operational and financial integration with parent company CII to optimize project funding, credit facilities, and asset development synergies across southern Vietnam. The company has undertaken capital restructuring initiatives, including targeted share issuances and bond liability restructuring, while expediting statutory approval processes, land clearance, and development phases for primary growth assets, notably the NBB Garden II project in Binh Chanh District, Ho Chi Minh City, and expanded phases of the Son Tinh residential development.